Burden of COVID-19 on the Market & Rehabilitation Plan | Rare Earth Metal Market 2020-2024 | Rising Demand for Electronic Appliances to Boost Growth | Technavio

Technavio has been monitoring the rare earth metal market and it is poised to grow by USD 5.76 billion during 2020-2024, progressing at a CAGR of about 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200612005252/en/

Technavio has announced its latest market research report titled Global Rare Earth Metals Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Rare Earth Metals Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alkane Resources Ltd., Arafura Resources Ltd., GREENLAND MINERALS Ltd., Hitachi Metals Ltd., Iluka Resources Ltd., Lynas Corp. Ltd., Neo Performance Materials Inc., Northern Minerals Ltd., Shin-Etsu Chemical Co. Ltd, and SHOWA DENKO K.K. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The rising demand for electronic appliances has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/rare-earth-metal-market-industry-analysis

Rare Earth Metal Market 2020-2024: Segmentation

Rare Earth Metal Market is segmented as below:

  • Application
    • Permanent Magnets
    • Metal Alloys
    • Catalysts
    • Polishing Powder
    • Glass Additives
    • Ceramics
    • Other Applications
  • Geography
    • APAC
    • Americas
    • EMEA
  • Element Type
    • Light Rare Earth Metals
    • Heavy Earth Metals
    • Other Element Types

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43187

Rare Earth Metal Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The rare earth metal market report covers the following areas:

  • Rare Earth Metal Market Size
  • Rare Earth Metal Market Trends
  • Rare Earth Metal Market Analysis

This study identifies the rise of new production capacities as one of the prime reasons driving the rare earth metal market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Rare Earth Metal Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist rare earth metal market growth during the next five years
  • Estimation of the rare earth metal market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the rare earth metal market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of rare earth metal market, vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Permanent magnets - Market size and forecast 2019-2024
  • Metal alloys - Market size and forecast 2019-2024
  • Catalysts - Market size and forecast 2019-2024
  • Polishing powder - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Application

Market Segmentation by Element Type

  • Market segments
  • Comparison by Element Type
  • Light rare earth elements - Market size and forecast 2019-2024
  • Heavy rare earth elements - Market size and forecast 2019-2024
  • Other element type - Market size and forecast 2019-2024
  • Market opportunity by Element Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Americas - Market size and forecast 2019-2024
  • EMEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alkane Resources Ltd.
  • Arafura Resources Ltd.
  • Hitachi Metals Ltd.
  • Iluka Resources Ltd.
  • Lynas Corp. Ltd.
  • Neo Performance Materials Inc.
  • Northern Minerals Ltd.
  • Shin-Etsu Chemical Co. Ltd.


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.